Day: 24 septembre 2020

SignalFire report explores the growing ‘creator economy’

Is everyone an influencer in 2020? Well, not everyone, but according to investment firm SignalFire “more than 50 million people around the world consider themselves creators, despite the creator economy only being born a decade ago”. That’s the introduction for its new report, ‘Creator Economy Market Map‘, which catalogues more than 100 of the startups […]
The post SignalFire report explores the growing ‘creator economy’ appeared first on Music Ally.
Source: Music ally

BPI and Music Ally event on music, wellbeing and technology

There are a lot of exciting things happening around music, wellbeing and fitness in 2020: from artists working with meditation services like Calm and Headspace, to the growth of Peloton and other fitness startups who make licensed music a key part of their offerings. The BPI and Music Ally are holding an online event on […]
The post BPI and Music Ally event on music, wellbeing and technology appeared first on Music Ally.
Source: Music ally

AI music startup Endel raises $5m Series A funding round

Endel has been one of the higher-profile startups exploring AI-generated music: in its case, focusing on its application as music to help people concentrate, relax and sleep. Now it has raised a Series A funding round of $5m to further its ambitions. The round was led by True Ventures and its partner Kevin Rose – […]
The post AI music startup Endel raises $5m Series A funding round appeared first on Music Ally.
Source: Music ally

Musician bodies team up to attack Epidemic Sound again

Production library Epidemic Sound is taking flak from musician bodies again, in what’s becoming a regular, one-sided war of words. European bodies Aepo-Artis, Ecsa and FIM, who represent composers, songwriters and performers, are lambasting the company over issues including 100% buyout contracts; replacing composers’ names with the company name in TV credits; and its recent […]
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Source: Music ally

Amuse financials reveal $9.5m revenues but $10.9m net loss

Swedish distribution startup Amuse is one of the more disruptive music/tech companies to have emerged in recent years, but is it a profitable one? Not yet. The company’s financial results for 2019 show that it generated revenues of SEK 85.1m (around $9.5m), which was impressive 209% growth year-on-year. However, the company’s net losses nearly doubled […]
The post Amuse financials reveal $9.5m revenues but $10.9m net loss appeared first on Music Ally.
Source: Music ally

Kanye West on contracts campaign: ‘I will help set precedents’

The music industry may still be picking its way through Kanye West’s self-leaked Universal Music Group deals, but West is making it clear that his campaign around artist contracts is more than just a moment on Twitter. “The desired effect will only be achieved when every artist owns their masters. I’m Team ‘Free Artists.’ I’m […]
The post Kanye West on contracts campaign: ‘I will help set precedents’ appeared first on Music Ally.
Source: Music ally

Streaming panel calls for more innovation from DSPs and labels

Are the big music streaming services too similar to one another? And if so, how can they break out of that box to innovate and differentiate themselves?
A panel at Music Ally’s Sandbox Summit Global online conference yesterday, had some ideas. Angel Gambino, partner at venture development firm Prehype and until recently chief commercial officer at Napster, set the ball rolling.
“One of the things that I’m struck by from a consumer standpoint is that there isn’t so much differentiation between the streaming services from an experiential standpoint,” she said.
“One of the things that needs to happen is looking at not just expanding into other genres of programming – i.e. podcasts – but what can the DSPs and the wider ecosystem of startups, of people who are working in music/tech on a daily basis, what can we do from a product and service and experiential standpoint to help take playlisting and discovery to the next stage?”
The post Streaming panel calls for more innovation from DSPs and labels appeared first on Music Ally.
Source: Music ally

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